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‘Considerable activity’ in commercial mortgage space: Equifax
Strong demand for asset finance and a significant increase in commercial mortgage applications have driven growth in total business credit over the June quarter, new ...
GROWTH • Fri, 28 Jul 2017
Rate spread to widen amid IO crackdown, says broker
A leading Sydney-based mortgage broker has explained how regulatory pressures to reduce interest-only lending are having an adverse impact on the cash flow position of ...
BROKER • Fri, 28 Jul 2017
Broker looks abroad to secure commercial finance
A Sydney-based broker has started securing funding from Asia after seeing the big four banks turn down “perfectly good” deals.
BROKER • Fri, 28 Jul 2017
Non-bank launches loan tracking tool
One of Australia’s largest non-bank lenders has launched a new loan tracking app aimed at helping mortgage brokers monitor the status of loan applications.
LENDER • Thu, 27 Jul 2017
‘Disingenuous’: Former bank exec questions back book repricing
A former major bank executive says lifting rates for existing interest-only borrowers has little to do with the regulatory pressures the banks claim they are under.
LENDER • Tue, 25 Jul 2017
Dalton says ‘flat fee’ model could hurt consumers
Mortgage industry figure Kym Dalton has outlined a number of issues with the proposed flat-fee broker remuneration model, arguing that it "could be opaque" and vary from ...
GROWTH • Mon, 24 Jul 2017
Bankwest to lift rates for existing borrowers
The major bank subsidiary has announced significant changes to its home loan rates as it looks to “balance the needs of customers, shareholders and regulators”.
BORROWER • Mon, 24 Jul 2017
Vow Financial reveals top performers
Major aggregator Vow Financial has crowned its leading commercial business writers, who explained how they have found success amid challenging market conditions.
GROWTH • Sun, 23 Jul 2017
Major aggregator sees 36% surge in settlements
One of Australia’s largest aggregation groups has seen its commercial lending settlements surge 36 per cent over the 2017 financial year.
AGGREGATOR • Fri, 21 Jul 2017